BTCUSDT - Price can bounce up from support area
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some time ago price reached resistance line, which coincided with resistance level, and at once bounced down.
Price fell to support area and then started to grow near support line, after which BTC rose back to $63800 level.
Next, price broke this level, entered to flat, where it later reached top part and then made correction.
After this, BTC rose to resistance line, after which turned around and made a strong downward impulse.
Bitcoin exited from flat and broke support line, breaking $63800 level, and recently made a fake breakout of $54700 level.
At the moment, I think price can bounce up from support area to $60000
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price reached resistance line, which coincided with resistance level, and at once bounced down.
Price fell to support area and then started to grow near support line, after which BTC rose back to $63800 level.
Next, price broke this level, entered to flat, where it later reached top part and then made correction.
After this, BTC rose to resistance line, after which turned around and made a strong downward impulse.
Bitcoin exited from flat and broke support line, breaking $63800 level, and recently made a fake breakout of $54700 level.
At the moment, I think price can bounce up from support area to $60000
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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